This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.
Basic information
Project name: xRATIONS
Currency: xRATIONS (78524154494F4E53000000000000000000000000)
Issuing account: rPArqPnUr39t8uui6THzj7VZSbDXgTNEVp
Distribution accounts: rKdM583Qufwmma8otee8evEBjEEQdkt9qv
This is revision number 6, signed December 4, 2023 by rKdM583Qufwmma8otee8evEBjEEQdkt9qv
Description: xRATIONS is the official utility token for the xSOLDIERZ NFT Project - based on a series featuring 3 collections of battle-tested soldierz living on the XRPL.
xRATIONS will be distributed upon the launch of the xSOLDIERZ Genesis Collection. No Private sale, no ICO, no pre-mining. With this token collectors can accumulate value outside the price appreciation of their NFTs. Administered within a robust reward program, xRATIONS incentivizes participation. The token is black holed with a deflationary supply, being built from the ground up with a clear distribution strategy and the intention to continue building strong into the future.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
Participants who choose to engage with the project, a.k.a. xHOLDERZ, use xRATIONS to unlock various functions of the project.
War Chest Airdrops are the primary distribution mechanism. Airdrops incentivize xHOLDERZ who, by holding, receive early access to future xSOLDIERZ NFT mints and projects planned on the XRPL and Xahau. xHOLDERZ will also be eligible for additional airdrops, exclusive buybacks, and staking features.
Other ways xRATIONS will be distributed:
- Fan Art Competitions
- Promotional giveaways
- Staking Opportunities
- 50% of tokens distributed to the public
- xSOLDIERZ play-to-earn game
- Collaboration with other XRP Ledger Projects
Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?
The purpose of the coin is to establish a strong and loyal user base within the xSOLDIERZ ecosystem. Given the xRATIONS deflationary model, buybacks, and reinvestment, xRATIONS enables price appreciation to become a vicious cycle in bull markets that cannot be guaranteed solely dependent on other tokens.
Tokenomics and design enable xRATIONS to:
- Bolster and sustains the project's value
- Provide dynamic functionality
- Foster positive engagement
- Ensure the community the transparency and accountability they deserve
- Maintain healthy ecosystem
- Curtail paper hands
- Preserve the future of xSOLDIERZ projects
Whitepaper/sales material: www.xsoldierz.com/whitepaper
The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.
Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.
Bug bounty program: This is not applicable for this token.
Sovereign Entity
The self-assessment is made by a soverign entity (i.e. not a legal entity, such as a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).
Website: www.xsoldierz.com
Website information: The website should disclose the following information:- Contact information: e-mail and other contact information
- Core team members
- Whitepaper if available
The website contains relevant information.
Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.
The issuer has not assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).
Self-assessment revisions
| Revision | Date |
|---|---|
| Revision 6 | December 4, 2023 |
| Revision 5 | December 4, 2023 |
| Revision 4 | December 3, 2023 |